Gaythorne at a glance
3,535
People
$1,482,000
Median sale
$648/wk
Median rent
2.27%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
QLD › Gaythorne › Bellevue Ave
$1,700,000
For sale
Asking
6
Bedrooms
4
Bathrooms
4
Car spaces
731 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,700,000
Asking · $2,326/m² of land
No recorded sale for this property.
Gaythorne at a glance
3,535
People
$1,482,000
Median sale
$648/wk
Median rent
2.27%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Gaythorne
+14.7%
Median sale
Suburb $1,482,000
-0.29 pp
Gross yield
Suburb 2.27%
Suburb median $1,482,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$89,300 on top of the price (5.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Gaythorne's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $648/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Gaythorne at a glance
3,535
People
$1,482,000
Median sale
$648/wk
Median rent
2.27%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Denovans Real EstatePositioned on a substantial 731sqm allotment within sought-after LMR2-3 zoning, 45 Bellevue Avenue, Gaythorne presents an increasingly rare opportunity to secure a fully tenanted block of flats with immediate holding income and exceptional development upside. Comprising four well-maintained flats, including two spacious two-bedroom residences and two one-bedroom residences, the property offers a versatile investment opportunity in one of Brisbane's most tightly held inner-north locations.
With several of the flats having benefited from kitchen and bathroom renovations in recent years, the property presents well internally while still offering scope to further enhance rental returns over time. Investors will appreciate the flexibility of a strong buy-and-hold asset with existing income, coupled with the exciting future potential that comes with the evolving Brisbane City Council LMR zoning changes.
Given the property is situated within the LMR2-3 zoning precinct, it stands to benefit significantly from Brisbane City Council's proposed changes under the More Homes Sooner initiative. These changes include increased allowable building heights, reduced minimum lot sizes and streamlined development requirements, all aimed at encouraging greater housing supply and development activity.
Whether you are seeking a strategic landbank opportunity, a high-performing addition to your portfolio, or a site to develop immediately (STCA), this property is exceptionally well positioned to capitalise on the continued demand for quality townhouses and development sites within the area. With Gaythorne and the surrounding suburbs continuing to experience strong growth and resale demand, opportunities such as this are becoming increasingly difficult to secure.
Location:
• 400m to Gaythorne Café's, restaurants and business precinct
• 500m to Gaythorne Train Station
• 850m to Brookside Shopping Centre
• 1km to Hillbrook Anglican School
• 1.2km to Enoggera Village
• 1.4km to Our Lady of the Assumption Catholic Primary School
• 1.6km to Blackwood Street Restaurant and Café Precinct & Mitchelton Train Station
• 7.35km to Brisbane CBD
Phone Haydn Denovan for more information.
Listing description written by Haydn Denovan, Denovans Real Estate — reproduced as published, not verified by Districts.
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